₦airaland Forum

No matter your political beliefs or moral code, one thing is for certain, the next presidential election is a choice between a Southerner or Northerner. One thing we are known for in the South is beefing one another and behaving like ethnic clowns. Watch as the North unite behind their candidate and later on we'll start crying marginalization, Islamic agenda yen yen yen

alphaconde:
why is fairness such a difficult thing

those days as kids when we go and pluck mangoes

we put all the mangoes down and we choose one after the other until it goes round if it remains it goes round again.

once u deviated from such formula u start fighting even amongst children of the same parents.

Unfortunately life is more complex than just picking fruits. I think the greatest thing we can teach ourselves and the ones to come is that life is not fair, it is not balanced. Just because you deserve something does not mean you're gonna get it, especially in politics where the last inncocent poltician died back in ancient Greece, better to focus on alliances and schemes than to believe in something imaginary like fairness and equality in politics

DispatcherLagos:
lol. You can now rest in peace

Better than resting in pieces....ode!

DispatcherLagos:
[s]if meeting clowns is one reason why you love nairaland then you are worse than one[/s]. Like I said, stop embarrassing yourself here you clown

E pain am

DispatcherLagos:
says someone in far away oshogbo that doesn't know anything about politics. My friend your own knowledge of politics starts and ends in the 500 naira you will be giving during the voting day. Please stop embarrassing yourself here

This is why I love Nairaland, guaranteed to meet one or two clowns, keep it up

DispatcherLagos:
it's easier for igbo to be president than it's for a Yoruba to be. Know this and take it to the bank

Easier? Which party? APC is null and void, PDP will navigate to their lord and master Atiku or anybody from the North so wetin remain? In case you are thinking of one unknown party, it is better to focus on something achievable like Arsenal winning the PL in 20 years

Rather than blame banks, we should be talking about how ignorant the average Nigerian has become. An eductaed person in this day and age but most don't know about 2FA? You don't know about security. From tokens to passcode etc, one must be crazy not to double or triple secure one's life savings.

It's simple, make sure any transfer or transaction requires authorization from your phone in form of texts, also ensure you set a hard limit on your account, maximum of 250k, 500k or 1 million per day or whatever and finally require that any transaction over 500k should only be allowed to accounts you've added to your banking profile.

These might sound difficult but it is very simple, your account officer should be able to guide you and if not then you better find a more sensible bank, WAKE UP PEOPLE! Money that is so hard to earn, you'll now let some scumbag wipe it all away due to negligence.....ko le work!

Stupid idea, in a country with so many forms of injustice already, do we really want to give the dicatators more power? Universal law of marketing/sales demands persuassion, promoters/influencers are only doing their jobs nothing criminal about it. In a forward thinking country, lawmakers would go after the product makers or service providers directly, you don't penalize the sales agent.

In a well regulated market, each product would have to be vetted by an agency, there would also be a consumer porotection board that monitors its performance and consumer complaints. When would we start doing things right in this country? You said make dem no call you animal but you dey jump up and down like monkey....na wa o!

Just look at the comments, you still have people defending the man.

Quick analysis:

1. What would make two grown children make such a bold statement? What do they have to gain? Their mother is dead, do they want to live on the street?
2. What would make a man abandon his children for all these years and only after their mother's death come barging in and attempt to claim those children?
3. If you must use force to claim your children when nobody is dragging them with you then surely something ain't right!

This is 9ja, we all know fathers are awarded custody more often than not so what happened? The most logical conclusion is that there is an atom of truth to what these children are claiming and in saner countries, they would never ever hand over such children as long as the allegation continues but in the zoo, common sense is a luxury!

Aaaaaaaaaaaaaaafrica...........Be it 9ja or Zimbabwe, one thing remains constant..........athletes should be thankful to Europe or America especially when it comes to football. Left for African leaders, these ballers would be worse off than civil servants......Salah could be doing bambi allah on the streets of Cairo by now

BuddhaPalm:
President Xi is even more powerful.

He has unfettered powers and the economic might to back up his actions.

The US president on the other hand can barely get anything done. If a federal judge doesn't strike down his order, Congress or the Supreme court does.

And if that's not enough he can be voted out in 4 years.

That's not the power he was referring to, the power we are talking about is the might of the military and the country as a whole. Presidents come and go, some are eccentric like trump, some are inept like Biden but one thing remains true for all of them, they hold the fate of not only Americans but the world at large. Case in point, W. Bush and his lies about Iraq, not only did he get the power to destroy his father's enemies but he affected the entire world and the way things are done. Xi might have dictator like powers but even Xi no fit grab lion by the balls, U.S president will do so and still blame lion for having balls

Just one question......................Cow meat or Chicken don finish for market?

Man like Jordan, no time for rubbish. Man be like..................

The last good samaritan died poor and lonely, word for the wise, it's a cold cold world. Husbands betray wives, brothers betray brothers, children betray parents, friends betray friends. What makes you think that boyfriend or girlfriend would be any different? If saving one's life does not make him or her loyal, trust me NOTHING will. In the end, not all good deeds gets rewarded, look at the scammer Buhari, after losing 3 times and crying, Nigerians gave him a chance and look at......................If I say anything more I'll be in big big trouble (Jose Moruinho)

Yea good stadium but terrible team, Atlanta Falcons biggest disappointment since Chelsea against bottom teams

Do you want easy way or the hard way? I'll be frank with you, if you don't have at least 25,000 -30,000 US Dollars, don't even think about relocating to the USA at this point. Due to Covid and harsh economic realities, most people will not assist you, 90% of products and services are now more expensive and the ultimate goal which is to get your papers by marrying a U.S citizen will cost you at least $12,000 to $20,000. Everything in life requires careful planning and prayer, some people are more lucky than others but my nigga make your own luck by being prepared.

America is big and diverse, if you choose a state like South Dakota or Wyoming instead of Texas or Georgia, my guy you might find yourself spending 10 years with nobody to ginger you. Comically, if you also choose New York or Chicago be prepared to spend 3 times as much as you would when compared to places like Alabama, Tennessee and Georgia. I repeat, plan well well make you no fall yakata.....May the gods be with you!

Mayeldah:
So you agree the Fulanis are Nigeria's problem?

taking side with the enemy just becuase of votes is not a wise idea, If fulnis can make Tinubu compromise now, they will also control his government remotely when he is in power.

enough of all these!

But haven't you learned anything from history? The greatest changes in history are either violent or of complete betrayal. To tackle the Fulani problem you either face them head on through violence or you play coy and you defeat them from within. You keep saying enemy enemy enemy but let me tell you this now, no candidate will ever win the presidential election by calling the North the enemy.....It is equivalent to political career assassination.

People are naturally ignorant including the governor, so we expect a veteran politician to come and out and say he would destroy the current administration's policies once elected, we expected him to say he would detroy his own party APC once elected. Whether we like it or not, politics is not for children, you don't count your chickens before the eggs hatch, let the man at least win the primary first before expecting him to challenge the status quo.

I guarantee you any politician that wants to contest the president and proudly condemns the herdsmen will not only lose in the general elections but might not even get his or her own party's nomination. Good or bad, politicians must have good acting skills, you don't just blabber like a slowpoke and expect your enemies not to gang up.

olabrad:
Reading will save you from Dumbness

Yet you couldn't read and answer simple questions.....Na wa o, daddy GO e be like say your head don knack ground

olabrad:
Go through your own questions and you will see there is nothing civilised about your life. You are just another morally rotten soul walking the earth.

Oshey daddy GO......Werey!

olabrad:
Read through your own question and you will find yourself questioning the functionality of your brain.

Try it boy; the outcome will surprise you

LMAO....Empty drum, in a civilized society those questions are often the foundation of great debates.....thank God I live in a society where these type of questions are actually encouraged.....Goodluck with your ignorance!

olabrad:
Lolz. It's strange how someone who claims to go to school would campaign for a morally rotten drug dealer.

Don't you fear for the future of your kids at all? Or they don't matter to you? Would you hand over their destiny to a drug dealer? How come the issue of morality doesn't bother you? How come your morals, sense of right and wrong have been debased like that of an uncultured animal?!

Are you an uncultured animal?

This is what you got from my comment, especially the questions asked? No wonder Nigerian education system is a joke! I offered you a chance to name your preferred candidate and maybe explain how that person can win but instead of coming up with something constructive, you repeat the same sentimental crap being spewed by your brothers and sisters here on Nairaland. Your empty skull offered nothing as an alternative yet criticize people for choosing what they think is the best out of the choices available, you speak of morality but what could be more immoral than being a noisemaker/empty drum when democracy and your future is on the line? Damn, even animals have more balls than you......GTFO!

olabrad:
Being president is not the issue.

The main issue is what you do with the position.

Can you mention how Nigeria had developed since Buhari became president?

Can you show me how many electoral promises have been fulfilled by him?

If you are not asking your brain these questions, then your brain must be cursed

The problem with you is that you're not asking the right questions:

1. Who is your preferred candidate?
2. What are the chances of your preferred cnadidate?
3. What will you do to ensure that your preferred candidate is able to win the SouthWest and at least half of the North?

Remember you're competing with a machine, you people underestimate the ground game, while Jagaban's entire network was built from the ground up. You might hate him or whatever but be realistic, if he is actually given the go ahead and becomes APC's flagbearer, it is GAME OVER! All these social media noises are entertaining but in seriousness plain useless to the overall goal.

Three points of failure:

1. Wicked school officials
2. Poor/ignorant parents
3. Pathetic and wicked healthcare system

In this life, it is better to not have kids than to have kids and be at the mercy of people who don't give a damn about them......R.I.P.

The only thing that can defeat Tinubu is APC itself. If the party wants to collapse they can choose to have a civil war but if Tinubu becomes the chosen candidate, it's game over, no need for presidential election because the clowns in PDP will surely disappoint and choose Atiku again . Come to think of it, like play like play this man fit become president o......Una think say na fluke all these foreign people keep visiting him, surely they know something

Not a lot of things gets me angry in this life but this got to be one of them! Person wey you put for house dey give you conditions and you dey comply all in the name of what? Peace? Love? Sanity? Ko ni ragba fun! Listen my friend and listen well, real men only die once but cowards die many deaths!

Your situation will only get worse and nobody can save you but your damn sef! Your wife is one of those that can only see what's in it for her, your feelings, your well being is second to her needs and as long as this continue you won't be happy. The devil is already dancing kerewa around you since you mentioned plenty potential replacements dey but na you just dey ignore them.

Comrade, take the red pill and be a man! Every woman has a tendency to misbehave but you must know how to press that reset button, her living in another state is not the solution, denying you sex is not the solution. Bro, if you like yourself, be frank with her, let her know you cannot continue such bullshit and be prepared for the worst case scenario.

She either does what she has been thinking about and leave your ass or her brain resets and una work things out......Do not be afraid brother, think not of the kids think not of the community but of your own well being.....LET NO WOMAN, LET NOBODY FRUSTRATE YOU AS BUHARI AS FRUSTRATED NIGERIANS! Be a man like my nigga below

erniok:
Clown, check how you had to jump on my mention and all the rubbish you were typing. Things you had no knowledge of. Go back to the circus, you're needed there.

Nigga get some help....Obviously you and clowns have a deep rivalry, may God help una sort it out

erniok:
Yeah, the normal straw man arguement. Clown

Olodo....Stop using words you no sabi. Here's definition of straw man argument:

A straw man is a form of argument and an informal fallacy of having the impression of refuting an argument, whereas the real subject of the argument was not addressed or refuted, but instead replaced with a false one.

Unless you're saying government regulation is not the root cause of this issue I fail to see a logical link to straw man's argument . I told you I no longer want to argue with you but you just couldn't resist the last swipe could you?

erniok:
Simply quote where I said the western world should not be used as basis and there you are, going round and round in circles like one having epileptic seizure.
[s]You also asserted that online loan apps carry out due diligence. They only need your name, BVN, 1or2 relations,state you are anything which they don't verify, bingo, you have a loan. No statement of account check, no address verification, no collateral, no guarantor. Something you could have verified but no, you just must have an opinion.[/s]

Spikes in demand doesn't mean you can charge as you want. Get that I to your thick skull. We are supposed to have consumer protection council to see to that. Over there you have price gouging laws and a simply Google would have shown you that it protects the citizens from being taken advantage of during spikes in demand.

Tell me your circus, maybe I'll come and watch you someday.

I'm done arguing with you, face your government and then come back and tell me what the law requires as due diligence. Your ignorance/frustration should be placed on your government not those going about their business!

erniok:
Now I'm certain you are confused. Who never wanted you to use the western world as a basis of comparism. Point it out in my posts.
You said companies can make maximum profits based on demands and not the variables such as rising price of raw materials, rising operational costs, etc. You simply based it on demands and I pointed out price gouging laws that stops that and yes price gouging stops you from taking advantage of people simply based on high demand of your products. Keep shifting the goal post.
You struck out my posts and yet you never verified them, something that can easily be done. You are a confused clown and I'm done with your circus.

Guy I know baseless argument is in your blood so I'll try to wrap this up as simple as I can, this dicussion originated around defaulters not being labeled as fraudsters, I made mention of how it is done abroad and you highlighted the reason why it is different in 9ja hence I chose to focus on the Nigerian factors of high fraud, little to zero regulations etc. Your previous to last writeup seems to bring the discussion back to how the USA regulates financial institutions hence the criticism. If you feel that is a circus analysis then the joke is on you buddy!

I mentioned simple economic principle that allows companies to charge as much as they can for their services or products, I did not have to list every single factor.....come off it! We all know demand drives pricing, no matter the cost or the fancy marketing, if there is no demand, the product/service is dead. This much I know, even you cannot argue so let's stop the tomfoolery already. We both agree that the government is the only one that can curb the excessive interest rates and unfavorable lending practices, the only point of contention here is that you call the way the lending companies operate as greed while I call it their legal and fidicuary obligation to make as much profit as possible for their stake/shareholders. Any other basis of argument is nothing but ofutufete/vanity.....Na you dey fight yourself bro

erniok:
Dribbling? You obviously have been doing that. Go back and read carefully what brought us here. You started with US as if such activities can take place there. Worst case scenario is repossession and not these nonsense we witness here like sending messages to your contacts calling you a criminal, tell me also that can happen in the states.. I had to download an app to read their t&c and in no place did they say they can call your contacts in the event of default or post your details online

You asserted 300% interest was okay since coy like dangote makes more than 100% profit and I had to let you know that you make 100% profit doesn't mean you take high interest loan. Moreover, these loans are for individual at crazy rates. No serious country would accept that for their citizens.

We talked about restructuring, using the money banks, I showed it can work with them too if only they carried out due diligence. What due diligence does these loan companies carry out? Zero,I repeat zero. [s]No statement of account checks, no collateral and yet they are called loan companies. Read up lending criteria and see if these companies should even exist.[/s]

Note, high demand for products doesn't mean you can charge as much as you want. Countries like US have price gouging laws that takes care of that. Such things are for almost lawless country like Nigeria where even an agency like consumer protection council doesn't work.

In the western world, with all the outcry about the activities of the loan companies, actions would have been taken long ago.

It seems like you're confusing yourself, on one hand you don't want me to use the Western world as basis, on the other hand you mentioned in your last sentence how such lending practices would have been curbed a long time ago in the Western world. We can go back and forth but we are saying the same thing, absence of any regulatory confinement, these lending companies have not broken any laws and it is unfair to name them as greedy when all they are doing is following the number one rule of business....Make maximum profits for their share or stakeholders. The struck out portion of your statement is a BIG FAT LIE.....I won't even dignify that with a response!

Moving on, do you realize these are not only money deposit banks, these loan companies could be anyone from a wealthy individual to a group odf savvy businesses. High demand actually means you can charge as much as you want, price gouging does not mean what you think. For example, if companies continue to face rising costs of production, of operation etc, these costs must be factored into the product or price of services. No law can prevent such. In fact when it comes to financial institutions the court has left it up to individual states to determine the maximum allowed interest rates. In Georgia here it is less than 20% for loans less than $3000 but for anything more than $3000 the rate is unlimited, this drastically differs from California where $10,000 or less is capped at 10% interest but could go up to 36% when an exemption is granted.

All in all, these loan companies operate under the regulatory climate, if we don't want them to charge ridiculous rates then the government must regulate, you don't go after a business for following the law of the land just because you think they make too much money.....lol.

erniok:
First,ly, I'm talking about money deposit banks, transactions I've personally handled. Banks with structure and finance. Loans you restructure are normally those with perfected LM or lien deposit.
On salary advances, do you think banks give loans to any Tom,dick and Harry? Don't you know that every facility goes through risk assessment department that works to cover the banks exposure?
You say 300% interest rate is okay and I know this is out of sheer ignorance. What is the interest rate of banks, go find out. Why is it low. 100% is a no no talk more of +100% p.a. Even dangote that takes facilities last I know was around 18%pa. Do you think if it's 30% he'll take it, hell no. It means he's just working for the bank.
I'll appreciate it if we can discuss matters you're well conversant with.
Regards.

No firstly, you were not talking about just money deposit banks....Get off that sh*t, this discussion revolves around loan companies, banks or non banks! Furthermore I don't appreciate your tone as you're spewing nonsense trying to make sense! In economics we have supply and demand, if there's high demand for a product or service, you can probably charge as much as you want, there's no difference here. In fact, you owe it to your stakeholders to do so. Until the Nigerian government steps up and puts some sort of regulation in place that limits the interest rates, it would be stupid for loan companies not to charge an arm or leg.

You're an adult, nobody forced you to sign for a loan you cannot afford, do you think a Dangote with lots of assets would patronize such loan companies? Forget am! These people cater to a certain group of people hence the high risk, I'll appreciate you get over yourself and argue based on substance instead of dribbling all over the place.